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hi i have with state farm insurance they send me notice of nonrenewal for policys she had one accident in 2006 car was fixed
and father had 2 accident in 2008 (car was totaled 2nd time but it was old car 1996 chevy lumina the total price was $2300 ) im many years now with state farm can i do anything what is my best option to get insurance they were good to me and low rates now this can i do anything about this nonrenewal notice is not fair i cant have a accidents?
Hi,
These economic times are tight, even for insurance companies. Insurance companies are looking for risks accociated to their exposure.
You state that the total out was only $2,300.00. That does not really play the role in this case. If the claim was $500 or $10,000, it is still a claim. The second as you say. You may have hd insurance for a number of years with no claims, but that is not considered after 3 or 5 years, depending on the company.
These days, even 2 comp claims like maybe2 windshields in 3-5 years may get you cancelled, even though this was not your fault.
I have seen insured's with 2 theft claims in three years--cancelled!
It's all about risk. I have had a cracked windshield for 5 years and never dared claim it, because I look at insurance as for catastrophies. Not using it, keeps my rates down.
A couple of years ago, my former girlfriend had State Farm for 20 years with no claims.
The night she met me, she was drinking quite heavily. I suggested a hotel (no, not for wild times), but I didn't want her on the road. She opted to drive her tiny Hundai Santa Fe. She was on her way home. Got off an expressway ramp,ran a stop sign and was t-boned by a semi going 60-70. She was very lucky she was not seriously injured or killed.
She got cited for DWI and her license was suspended for 6 months. First violation ever. State Farm dropped her.
She went to AIG and got insurance for half the cost.
I am not stating that State Farm is bad or good, nor am I about AIG.
Look at the insurance companies as hedging a bet that the insured will not have a claim. The minute a pattern of risk develops, its time to re-evaluate the risk. In your case, you got the non-renewal letter.
Remember, be honest on your new insurance app about any accidents or tickets. Most insurance companies are linked throughout the US and can verify your information.
Some people think they are sneaky not claiming an accident, but if there is a report, there is a record. If you lie on the application form, you may be paying for insurance only to find you are not covered when that next accident occurs.
ge, it will cost you more.
Good Luck.
Rob
I would recommend finding insurance now, because in many cases, if you go over 30 days without covera
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Answers by Expert:
Rob Painter, Ase, CFEI, CAFATE
Expertise
Please remember. I am not an attorney and cannot legal advice. My answers are based on my experience due to litigation I have been involved in as an expert, for both insurance companies and while oposing them opposing them. I deal with only comprehensive claims on autos related to fire and theft. I have even had the opportunity to rewrite policy coverage language as it relates to vehicle theft and forced entry for insurance defense attorneys.
Experience
Experience in the area: Working with insurance companies and attorneys on these issues for over 20 years. It is very common to have a reported stolen car with a so-called factory anti-theft system to have the theft claim denied. I have served successfully as an expert witness in the courts across the US representing the insured and their attorney revealing that the insurance expert did not take all known theories into consideration before rendering their "Forensic" conclusion. Many insurance carriers us independent "Forensic" experts to examine reported stolen vehicles commonly using flawed methodology implicating the innocent insured with the theft. My job is to determine if the insurance expert reached his conclusions based on accepted scientific principals or just net opinion with no basis other than opinion. My case record against such experts is very compelling.My resume can be seen at the catagory "Auto Theft and Prevention." In "Forensics" the scientific method must be employed. In the forensic locksmith field determining how a reported stolen vehicle was last operated, many processes cannot be duplicated and are conveniently not addressed. If they were, juries would have the opportunity to make a fair and impartial opinion at least about what the expert could or could not prove. There is a purported process determining the last key used. The chances of determining such is very rare uless the key is found in the ignition lock. Experts commonly destroy evidence as well and are rarely questioned on this event. I reveal the weakness in their testimony on such instances.
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